SHOP - BULLISH SCENARIO since 12 MAY 2025 SHOP - CURRENT PRICE : 145.15
SHOP is bullish as the share price is above 50-day EMA. Price action on 12 MAY 2025 is considered starting of bullish scenario because supported by several key indicators :
Share price gap up
Price broke out 50-day EMA
Price moving above ICHIMOKU CLOUD
RSI moving above 50
From 1 August (near 50-day EMA support) to 6 August, the stock recorded a strong upward rally. Following this advance, prices entered a corrective phase and retraced approximately 50% of the prior upswing. According to Dow Theory, such a retracement is considered a normal and healthy correction within an ongoing uptrend. Retracements in the range of one-third to two-thirds of the prior move are typical, with the 50% level often serving as a natural equilibrium point where buyers re-enter the market. Sustaining above the 50% retracement level would reinforce the bullish structure, while a recovery from this zone could pave the way for a retest of the recent highs. However, a decisive break below the 61.8% retracement may imply weakening momentum and a deeper corrective phase.
Take note that until now the share price is still above 50-day EMA and ICHIMOKU CLOUD while RSI also moving steadily above 50 level. There is also rising support line - strengthening bullish outlook.
ENTRY PRICE : 141.00 - 145.50
TARGET : 159.00 and 175.00
SUPPORT : 50-day EMA (CUTLOSS below 50-day EMA on closing basis)
Dowtheory
BTCUSD🚀 BTCUSD – 1H Time Frame Setup
📈 BTC is making HHs & HLs (short-term bullish structure).
🔑 Tried to break resistance 111,835 – 112,000 thrice ❌ — possible breakout on the 4th or 5th attempt.
⏳ 4H & Daily trend still bearish ⚠️ → trade with caution.
Currently Ranging!
💡 Trading Plan:
✅ Look for a bullish candle confirmation before entry.
🎯 Partial booking recommended at TP1 → must manage risk after first target.
🛑 Always protect profits / adjust SL.
📊 Best setup if BTC comes near 0.5 Fib (≈ 6.08 level) and then breaks above 111,835 – 112,000 🔓
XAUUSD📈 XAUUSD – 1H Timeframe
🟢 Long Call/ Bullish Candle
🔹 Gold is forming HH & HL (Higher Highs & Higher Lows) on the 1H chart → Uptrend structure intact.
🔹 Fib Retracement Setup → Perfect dip-buy opportunity from CMP (Current Market Price).
💡 Plan:
👉 Buy from CMP 🎯
👉 Book partial profits on resistance levels 🪙
👉 SL below Fib retracement 🔒
🌍 Weekly Fundamental Drivers:
1️⃣ Fed remains cautious on rate cuts, supporting safe-haven demand 🏦
2️⃣ Geopolitical uncertainty & central bank gold buying continue to give long-term bullish momentum 🌐
⚠️ Risk Management: Stay disciplined — let structure + fundamentals guide your trade.
Gold Price Drops After Rally – What’s Next?Hello everyone, let's take a closer look at today's gold price
Gold has unexpectedly dropped significantly today after a notable rise early last Friday. The market's initial concerns stemmed from rumors that the U.S. would impose an import tax on gold, which caused some panic. However, after the White House officially clarified its position and assured the market, the initial worries eased
From a technical perspective, gold has broken through the upward trendline and is moving swiftly. According to Dow Theory, a short-term correction might occur soon, but if the price remains below key resistance levels, the decline could extend toward the Fibonacci 1.272 region, or even down to the Fibonacci 1.618 level if the downtrend persists.
Do you agree with this outlook? Share your thoughts in the comments below.
Good luck and happy trading!
Dow Jones: Explosive US30 Trade Setup – Entry,Trap & Exit Mapped💎 Dow Jones Robbery Blueprint: The US30 Vault Crack Plan 💎
(Maximized for reach — within TradingView title limit)
🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
Dear Market Robbers & Money Movers 🕵️♂️💰🚨
This ain't your average analysis — it’s a Thief Trader-style 🔥tactical mission🔥 aimed at the mighty "US30/DJI" (Dow Jones Industrial Average). We're talkin' about a precision heist with a full blueprint: entry zones, trap setups, and escape exits. Read carefully — this ain’t for the faint-hearted traders! 🧠🦾
🧠 Entry Zones (The Break-In) 📈
🛠 ENTRY 1: Candle wick near 44200.0 – that’s the resistance gate. Wait for confirmation.
🎯 ENTRY 2: Sneak in at the Market Makers’ Trap around 43200.00 – a dirty zone where retailers get baited. Perfect time to strike long!
🧱 DCA/Layering strategy recommended. Stack those buy orders like a thief layering explosives on a safe. 💣💸
🛑 Risk Levels (Escape Routes/Stop Loss)
🔊 "Listen up, vault raiders! Never drop your SL until breakout is confirmed. If you jump early, you might land in a bear trap! 🪤"
🔐 Stop Zones (Based on Strategy):
🔐 Max Risk SL (5H TF): If you're deep, your last stand is at 43000.0
☝️ SL depends on your position sizing, number of entries, and risk appetite. Trade like a thief, not a gambler.
🎯 Heist Target (Profit Exit)
🏁 Escape Point: 46000.0 — or exit before heat rises! Don’t be greedy. Rob and vanish. 💨💰
🔥 Market Mood: Why the Heist Is On
"US30/DJI" is bullish AF — thanks to:
📊 Macro-Economic Wind at Our Back
📈 Institutional momentum
📰 Strong sentiment and intermarket flows
Check your chart radar: Fundamentals + technicals aligning = green light for robbery! 🟢
⚠️ Tactical Reminder: News Can Jam the Plan
📵 Avoid new entries during major economic releases
🛡 Use trailing SLs to protect running trades
Stay alert, stay alive. 💡
❤️ Support the Robbery Crew
Hit that 💥BOOST💥 — your love fuels our next mission.
Join us and ride daily heist plans with Thief Trading Style 🏴☠️🚀💰
Making HH HL.NML Analysis
Closed at 131.93 (04-07-2025)
Making HH HL.
Breakout Done around 128 - 129
However Bearish Divergence on Daily
tf may bring some selling pressure.
Now 135 is the Resistance Level.
ABCD pattern is intact with initial Target
around 144 - 145 & then around 160 - 161.
It should not break 105 - 106 now.
Stance: Buy on Dips can be a Good Strategy.
Beautiful Uptrend.1830 - Closed at 144.7 (04-08-2025)
Beautiful Uptrend.
Hidden Bullish Divergence on Bigger tf.
Strong Supports are 140 - 141 & then
around 111 - 112 (in case of extreme
selling pressure).
Upside targets can be around 160 - 162
initially.
Stoploss for a Swing Trade is 138; & those
who believe in split buying may keep a
Stoploss of 110 on closing basis.
Bullish Divergence appearing!2222 - Closed at 24 (03-08-2025)
Currently in Downtrend.
However, Bullish Divergence has
started appearing on Bigger tf.
Bearish ABCD pattern target seems to
be around 22 - 23 & it may reverse from
that point. But Confirmation will be
required before taking position. Otherwise,
Next possible Support level can be around 20 - 20.50.
Immediate Resistance seems to be around 25 - 26.
It needs to cross & sustain 29 to start its Uptrend.
DOW THEORYBack to the Roots: Learn the Theory, Improve Signal
Charles Dow
Before we explore Dow Theory, let’s take a moment to understand who Charles Dow was — and why his ideas still matter today.
Charles Dow wasn’t a financial expert. He was a journalist with a sharp eye for market behavior. In the late 1800s, he began to write about how prices move, how trends form, and what they might mean. His goal was simple: to bring structure and logic to the chaotic world of stock prices.
More importantly, he believed that markets move in trends , and that these trends reflect the collective psychology of all investors. This basic idea became the starting point of technical analysis .
Dow created one of the first stock indexes, which helped investors see the bigger picture instead of focusing only on individual stocks. He also promoted transparency in financial data — long before it was required by law.
In 1889, Dow co-founded The Wall Street Journal, a newspaper that became the voice of financial markets. Through its pages, he published his observations on price behavior, setting the foundation for what would later be known as Dow Theory .
Dow Theory
At the heart of Dow Theory lies a simple but powerful idea:
The market discounts everything.
This means that all known information — earnings reports, interest rates, economic events, political changes, and even future expectations — is already reflected in the price. Price is not random. It is the result of collective investor behavior based on all available knowledge.
Charles Dow didn’t write this exact sentence, but his work clearly reflected this belief. He trusted that by analyzing price movements alone, one could understand the overall direction of the market — because price already includes all the important signals.
Dow and later analysts outlined a set of guiding principles. These are now known as the Six Core Principles of Dow Theory , and they continue to serve as a foundation for modern technical analysis.
The market discounts everything
The market moves in three trends
Major trends have three phases
Averages must confirm each other
Volume confirms the trend
A trend stays in place until it clearly reverses
🔸🔸🔸 The Market Moves in Three Trends 🔸🔸🔸
According to Dow Theory, market movements are not random. Prices move in three different dimensions and time frames: the primary trend , the secondary trend , and the minor (short-term) trend. These three types of movement often occur at the same time. It is very important for an investor to distinguish between them.
The primary trend shows the general direction of the market and can last for months or even years. It’s the major upward or downward movement.
The secondary trend refers to corrections or pullbacks that move in the opposite direction of the primary trend.
The minor trend typically consists of daily or weekly fluctuations and is often considered market “noise.” These short-term movements can occur in the same or opposite direction of the primary trend and may last from a few hours to two or three weeks.
Dow Theory emphasizes that understanding this three-layered structure can protect investors from many mistakes. The theory not only classifies trends but also offers valuable lessons about investor behavior.
It especially highlights the importance of three key principles:
Don’t go against the main trend
Short-term moves can easily confuse traders. Trading against the primary trend often leads to losses. That is why it is crucial to identify the main trend and follow it.
Diversify your exposure
In Dow’s time, technology wasn’t as advanced as it is today, but he still followed multiple indexes (like industrials and transport) to reduce risk. The same principle applies today: investors shouldn’t rely on a single asset — diversification remains a critical part of managing risk.
Define your holding period before entering a trade
Each type of trend comes with a different time expectation. The holding period you choose will play a key role in shaping your trading strategy and aligning it with your financial goals. Instead of debating how long each type of trend should last, it’s more important to define your intended holding period before entering a position.
Your answer to the question “Which holding period suits me?” reflects not only your trading style and lifestyle, but also determines which chart timeframes and indicator timeframes you should use.
🔸🔸🔸 Major Trends Have Three Phases 🔸🔸🔸
According to Dow Theory, major (primary) trends consist of three phases. This structure reflects how investor psychology changes over time and how those emotions are reflected in price action. Regardless of whether the trend is bullish or bearish, each major trend includes these three stages:
Accumulation Phase
The first stage of a bull market often looks like a small bounce during a bear trend. Most people still feel negative about the market. They are afraid to buy again after losing money. Trading volume is low, and prices move in a narrow range. The market stops making new lows, but investors are still unsure. Many have left the market or are very careful now. The price action becomes slow and sideways. It feels boring. But during this quiet time, smart investors slowly start buying. This is how a new trend begins — silently and with doubt.
However, there is no clear signal that a bull market has started. Buying now carries two big risks. First, the market may still go lower. Second, even if a bull trend is coming, no one knows when it will start. How long can you wait while the market does nothing? Holding positions in a flat market has costs — financial, emotional, and missed opportunities elsewhere. That’s why this phase is difficult for most traders to handle.
Public Participation Phase
The market begins to recover, and the broader investor base starts to notice positive changes. News improves, technical indicators give bullish signals. Prices rise, and trading volume increases. This is usually the strongest part of the trend. At this stage, more disciplined and research-driven investors — who follow the market closely — start buying in. They see confirmation in both price action and economic data. Their confidence supports the trend, and momentum grows. The market attracts more attention. Confidence replaces fear. Many investors who stayed out during the earlier phase now feel safer to enter.
Joining the market during this phase is important. The trend is already underway, but there’s still room to grow. Risk is lower than in the early phase, and potential rewards are still high. For many investors, this is the best time to take a position.
Excess Phase
The market enters a phase of excessive optimism. Prices have been rising for a long time, attracting more and more participants. However, during this stage, institutional investors and professional traders who entered earlier begin to gradually take profits.
Although prices remain high, momentum weakens, and the rate of increase slows down. Looking at the volume profile, prices may reach new highs but often without volume support. Technical indicators frequently show bearish divergences. These conditions generate early technical signals that the primary trend may be coming to an end.
🔸🔸🔸 Averages must Confirm Each Other 🔸🔸🔸
According to Dow Theory, a market trend is considered valid only when different indexes move in the same direction. The term “average” here refers to an index or the general direction of a price series. This principle is used to assess whether a price movement is supported by broad market participation.
A single index reaching a new high or low is not enough. For a real and sustainable trend to be confirmed, related indexes are expected to show similar movement and generate signals in the same direction. If this confirmation is missing, the current move may be considered weak or temporary.
How to Analyze It:
Identify related indexes
Choose multiple indexes that represent the same market, sector, or economic domain.
Compare trend direction
Review the price structures of the selected indexes. Are they all showing similar patterns? Did the new highs or lows form around the same time?
Look for confirmation
If multiple indexes form new structures in the same direction (e.g., all make new highs in an uptrend), this increases the validity of the trend.If only one index is moving while others are not participating, confirmation is lacking.
Be cautious without confirmation
When confirmation is missing, trading strategies should be more conservative, or additional signals should be awaited before taking action.
🔸🔸🔸 Volume Confirms the Trend 🔸🔸🔸
According to Dow Theory, the validity of a market trend depends not only on price movement but also on trading volume. For a trend to be considered strong and sustainable, price action should be supported by volume.
Why Is Volume Important?
In a rising market, increasing volume is expected. This indicates growing investor interest and broader participation in the trend.
In a falling market, if the decline happens with high volume, it suggests serious selling pressure and strengthens the trend.
Declining volume may signal a loss of momentum and suggest that the current trend is weakening or nearing its end.
How to Analyze It:
Observe the relationship between price and volume:
Price rising + volume increasing → Strong trend
Price rising + volume decreasing → Lack of confirmation; caution is advised
Check volume during breakouts:
If resistance or highs are broken with strong volume → Reliable signal
If breakouts happen on low volume → May indicate a false move (fakeout)
🔸🔸🔸 A Trend Persists Until a Clear Reversal Occurs 🔸🔸🔸
This core principle of Dow Theory is at the heart of all trend-following strategies.
It states that once a price begins moving in a certain direction, the trend is assumed to continue — until there is clear and technically confirmed evidence that it has ended.
Why Is This Principle Important?
Follow, don’t predict
Instead of guessing what the market will do next, traders stay with the current direction.
Reduces emotional decisions
Trades are based on technical signals, not assumptions like “the price is too high, it must fall.”
A weak trend is not the same as a reversal
Not every pullback means the trend is over. You need clear confirmation before assuming a reversal — such as a breakdown, volume shift, momentum loss, or structural change.
How to Apply It
First, identify the trend direction clearly, and trade in that direction.
Pullbacks are seen as normal movements within the trend — not as reversals.
Even when signs of a reversal appear, wait for confirmation before acting.
Confirmation signals may include:
Failure to form new highs or lows
A break of previous support or resistance
Sudden drop in volume or volume rising in the opposite direction
Weakness or divergence in momentum indicators
Strategic Benefit
This principle is especially useful in trend-following strategies. It helps avoid premature exits and allows traders to stay in profitable trends longer. By focusing on technical confirmation instead of speculation or panic, it encourages disciplined and systematic decision-making.
LTCUSDT | Daily Chart Analysis | Bullish Structure UnfoldingLTCUSDT | Daily Chart Analysis | Bullish Structure Unfolding
🔍 Let’s break down LTC/USDT’s technical setup, focusing on volume, Elliot Wave structure, and key target levels for this bullish scenario. If you're following this channel, be sure to react and let us know your thoughts on the roadmap!
⏳ Daily Overview
LTCUSDT is moving within a defined ascending channel, supported by increasing bullish momentum and clear Elliot Wave progression. The recent wave count points to a textbook impulse, setting up the next key move.
🔺 Long Setup:
The market has completed Waves (1) through (4), and we’re now looking at the development of Wave (5) to the upside.
- Wave (5) Target Zones:
- $130.00
- $144.44
These are the next resistance levels based on previous highs and channel dynamics.
- Key support to watch:
- $105.30 — this zone may act as a springboard for the next rally if tested.
📊 Key Highlights:
- Volume has shown a clear bullish divergence as price advances, signaling growing interest and strength heading into Wave (5).
- The bullish channel remains intact, and each dip has been met with higher lows, confirming the ongoing uptrend.
- Elliot Wave structure suggests further upside, with the $130.00 and $144.44 levels as potential targets.
🚨 Conclusion:
LTC bulls should keep an eye on price action as it approaches support at $105.30 — a bounce here could ignite the next leg higher toward our target zones. Reaction from the channel community will be crucial as Wave (5) unfolds. Show your support with a reaction below if you’re riding this wave!
EURUSD📉 EURUSD – 30min Short Plan
📊 Structure: LLs & LHs forming – bearish trend confirmed
🕯️ Pattern: Bearish Engulfing at Lower High
🎯 Entry: instant
📌 Trade 1
– 🎯 TP1: 1:1
– ⚠️ Risk: 1%
📌 Trade 2
– 🎯 TP2: larger reward
🛠️ Execution:
– Place both trades at same entry
– Trail SL after TP1 hit
📎 Bias: Bearish
EURUSD: Potential Trend Reversal BrewingEURUSD is exhibiting clear signs of a potential trend reversal, having recently broken its previous Higher Low and subsequently establishing a sequence of Lower Highs and Lower Lows. This shift in market structure from bullish to bearish is a strong indicator of weakening upside momentum. Further confirming this outlook, the RSI is displaying a notable bearish divergence, where price registers higher highs while the RSI prints lower highs, signaling diminishing bullish strength at these elevated price levels. Considering this confluence of technical factors, a potential short setup is present.
XAUUSD - Trading Plan 4-Hour Analysis and ProjectionThis 4-hour candlestick chart of Gold against the US Dollar highlights key Wyckoff market phases and technical levels that frame the current market structure. The analysis identifies significant points including the Buying Climax (BC), Upthrust (UT), Second Test (ST), and Automatic Reaction (AR), which mark essential phases of accumulation and distribution.
Multiple Dow swing counts (Dow-1, Dow-2, Dow-3) are annotated with various colors, illustrating the market’s internal structure and momentum shifts. The chart shows a failed upthrust after distribution, signaling a likely bearish pressure following the attempt to push prices higher.
The current price action indicates a potential retracement to the support zone near the Automatic Reaction level, followed by possible continuation up to recent highs. The plan suggests watching for a minor pullback around area A, after which a bullish move is expected to resume, targeting higher resistance levels as indicated by the projected price movement arrows.
This trading plan emphasizes careful observation of price reactions around key support and resistance levels derived from Wyckoff methodology phases, aiming to capture potential bullish continuation or prepare for bearish scenarios if support fails.
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Dow Theory & Wyckoff
Poonawalla Fincorp Shows Strong Momentum: A Potential Buy Opport
Poonawalla Fincorp has demonstrated notable strength in its price movement over the past few weeks. After a brief retracement to its 20-day moving average (DMA), the stock has resumed its upward trajectory, accompanied by high trading volumes. This resurgence signals significant buying interest, indicating a potential opportunity for investors.
Given the stock's positive momentum, it is advisable to closely monitor Poonawalla Fincorp. A strategic entry point could be considered, with a stop-loss around ₹405. For potential gains, the stock has a target range of ₹475 to ₹500, offering a favorable risk-to-reward scenario.
Stock is in DownTrend but ..4013 CMP 254.20 (15-06-2025)
Stock is in DownTrend but it Beautifully hit Channel
Bottom & Bounced.
Currently at a Good Support level.
Now the Immediate Resistance is around 256 - 257
& then around 270.
Crossing this level & Sustaining on Monthly basis would
lead it towards 283 - 285 initially.
However, should not break 253 - 254.